Tajiri Resources (TSX-V:TAJ) announced that it has identified a high-grade zone of shallow, sub-horizontal gold mineralization at least 200 meters wide and open in all directions at K5NW at the Reo project in Burkina Faso.
The company said it identified a mineral-rich area by re-examining historical drill core samples using multielement XRF data and visual logging to differentiate rock types and assess mineralization.
Better historic shallow intersections which have never previously been reported include 4 meters at 12.2 grams per ton (g/t) of gold, 2 meters at 8 g/t gold and 3 meters at 4.5 g/t gold.
Other intersections were 13 meters at 3 g/t including 4 meters at 8.2 g/t gold and 24 meters at 1.4 g/t gold including 8 meters at 3.2 g/t gold.
These intersections suggest a gold deposit located 40 to 80 meters beneath the surface. This deposit is found at the boundary where graphitic shale, which has been folded, meets other volcanic and sedimentary rocks and suggests that gold is concentrated in this particular zone, making it an area of interest for further exploration and potential mining.
The mineralization appears to follow the folded structure of the shale, creating both upper and lower contact zones that are largely unexplored and open in all directions.
Tajiri Resources (TSX-V:TAJ) believes the results are of “great significance” for interpreting the larger K4-5 prospect, with all evidence pointing to it being a giant, 11-kilometer by 7.5-kilometer geochemical footprint, poly-fold gold system.
“In Burkina, where exploration has unfortunately been at a hiatus, while we awaited permit renewals and an improved security and political situation to attract investment, K4-5 is shaping up to be a long-term exploration play of large to giant scale with potential to host multiple gold mineralized zones,” Tajiri executive chairman Dominic O'Sullivan commented.
He added that the company was not a one-trick pony as it follows a two-prong strategy.
“Near term we have a potentially very saleable asset, the recently acquired Yono Property in Guyana, where recent grab sampling returned approximately 800 g/t from within a few hundred metres of the 7.9 million ounce Oko and Oko West deposits and where mining at Oko West is slated to commence in 2028,” he said.
“Accordingly, we look forward to expeditiously commencing exploration at Yono and recommencing exploration in Burkina."